07.04.2020

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Decisions made by the supreme management body of the issuer.

NAME OF THE ISSUER

Full:

Joint-Stock Company Joint Venture “Uzbek Leasing International A.O.”

Short:

JSC JV “Uzbek Leasing International A.O.”

Name of stock exchange ticker:*

CONTACT INFORMATION

Location:

Republic of Uzbekistan, 100084, Tashkent city, Yunusabad district, Amir Temur street, 88a

Postal address:

Republic of Uzbekistan, 100084, Tashkent city, Yunusabad district, Amir Temur street, 88a

E-mail:*

info@uzbekleasing.uz

Official web-site:*

www.uzbekleasing.com

INFORMATION ON THE SUBSTANTIAL FACT

Number of substantial fact:

Name of substantial fact:

Decisions made by the supreme management body of the issuer.

Type of general meeting:

extraordinary

Date of general meeting:

March 31, 2020

Date of the minutes of the general meeting:

April 07, 2020

Place pf the General Meeting:

Republic of Uzbekistan, 100084, Tashkent city, Yunusabad district, Amir Temur street, 88a

Quorum of the general meeting:

80.30%

Questions

put to the vote

Voting results

for

against

abstained

amount

Amount

To approve the returning board of the Company for the purpose of convening the Extraordinary 80th General Meeting of Shareholders on March 31, 2020, as follows: Mr. Arthur Mikaelyan; Mr. Javlon Makhmudov; Mr. Shavkatjon Bozarov.

100

4 837 022

To approve the Order of the 80th Extraordinary General meeting of Shareholders on March 31, 2020, proposed by the management.

100

4 837 022

(1) To approve preliminarily the proposed loan in favour of the Company from JV “Abu-Dhabi Uzbek Investment” LLC, with the following initial basic terms and conditions: - Terms of Financing: Senior loan; - Aim: SME Financing; - Amount: $10 mln., comprising Tranche 1 of $5 mln. and a discretionary Tranche 2 of $5 mln.; - Tenor: 7 years; - Grace Period: 2 years; - Currency: USD disbursement, UZS dollar-equivalent repayment at the exchange rate prevalent on the payment date; - Interest Rate: 8% USD; - Interest Payment Start Date: Interest accrues from 180th day following the Availability Date of each Tranche, unless any Tranche is disbursed earlier; - Interest Payment Formula: [Disbursed amount/(1 – Interest rate % * interest payment days/360)] – Disbursed Amount; - Origination Fee (front-end commission): 1% of the committed Tranche amount; - Commitment Fee: 1% of the committed but undisbursed amount; - Commitment Fee Calculation and Dates: Same formula to be applied as for interest payments above; accruing from 30th day following the Availability Date of each Tranche; - Costs and Expenses: To be compensated by the borrower, including legal counsel, consultant, and related fees incurred by the ADUI in connection with the financing. (2) The management of the Company is to take measures to prepare the updated pipeline of new projects for financing under the ADUI Loan, which will be able to service leasing during the quarantine period in the republic to prevent further spreading of novel coronavirus (COVID-19). (3) The management of the Company is to agree with the Supervisory Board of the Company the final list of potential new projects for financing under the loan from ADUI for subsequent submission for approval by the General Meeting of Shareholders.

100

4 837 022

Full wording of the decisions made by the general meeting:

To approve the Order of the 80th Extraordinary General meeting of Shareholders on March 31, 2020, proposed by the management.

Accrued and paid remuneration and (or) compensation in favor of members of the executive body, supervisory board and the issuer's audit committee: ***

Full Name

Name of the issuer's body, of which the person is a member

Type of payment (remuneration and (or) compensation)

Accrued amount (UZS)

Period for which funds were accrued

Document in which payment is made

Election of members of the supervisory board: *

Information about candidates

Number of votes

Full Name

Place of work,

position

Owned shares

Place

Position

Type

Amount

Text of amendments to the charter **

Mustafaev Z.B.

Name of the Head of the Executive Body:

__________________________‎‎‎

Lim T.M.
‎Name of the Chief Accountant:

__________________________‎‎‎

Mikaelyan A.S.
‎Name of the authorized person who posted the information on the web-site:

__________________________

*) Indicates if available.

**) The text of the amendments is attached in case if the General Meeting of Shareholders decided to amend the Charter, relating to changes in the rights of shareholders - owners of preference shares, the transfer of authority to the Supervisory Board on issues concerning the introduction of changes and additions to the Charter of Company related to the increase in the authorized capital of the Company, on making provisions on authorized shares or change and addition, the establishment of limits of the number of company’s stocks that belongs to one shareholder and their total nominal value, and the maximum number of votes granted to one shareholder.

***) It is indicated, in the case of accruing remuneration, compensation and (or) other payments in favor of members of the executive body, the supervisory board and the audit commission of the joint-stock company.

The date of drawing up the
minutes of the supreme management body of the issuer is considered the moment
of occurrence of an essential fact.

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Decisions made by the supreme management body of the issuer.